Economy in Madison Park, New Jersey
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Economy
| Unemployment Rate | 8.60% | 9.10% |
| Recent Job Growth | -0.46% | -0.12% |
| Future Job Growth | 30.48% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $26,224 | $27,067 |
| Household Income | $65,796 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.66% | 12.10% |
| Income between 15K and 25K | 6.76% | 10.18% |
| Income between 25K and 35K | 7.09% | 10.56% |
| Income between 35K and 50K | 13.52% | 14.98% |
| Income between 50K and 75K | 26.39% | 19.53% |
| Income between 75K and 100K | 17.46% | 12.52% |
| Income between 100K and 150K | 17.55% | 12.14% |
| Income between 150K and 250K | 3.73% | 3.91% |
| Income between 250K and 500K | 1.64% | 3.34% |
| Income greater than 500K | 0.20% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.27% | 13.81% |
| Professional and Related Occupations | 23.19% | 22.68% |
| Service | 12.69% | 14.51% |
| Sales and Office | 28.83% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 6.39% | 9.37% |
| Production, Transportation, and Material Moving | 14.91% | 15.86% |
The unemployment rate in Madison Park, NJ, is 8.60%, with job growth of -0.46%. Future job growth over the next ten years is predicted to be 30.48%.
Madison Park, NJ Taxes
Madison Park, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Madison Park, NJ Income and Salaries
The income per capita is $26,224, which includes all adults and children. The median household income is $65,796.
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